The New 20-Pound Plastic Currency: Government Warnings and Penalties

2023-06-24 07:20:10

The new 20-pound plastic currency has been launched in the last few days, which will be put on the market and dealt with as well, which got the attention of many citizens, as happened in the 10-pound denomination that was put on the market in a large way in the previous period, But on the other hand, these currencies are used as a kind of gifts presented to children on many special occasions and holidays, but these new currencies are still limited in dealings between citizens in order to keep them by people and not use them or exchange them in the markets, but some others sell them for The increase in money, so the government warned citizens about this act, and through the following lines, let us learn about the special warnings put forward by the government.

What is the penalty for refraining from dealing with the new 10 and 20 pounds?

The government and its own authority confirmed that the penalty imposed on a person for refusing to deal with this new plastic currency, whether in denominations of 20 pounds or ten pounds, will be a fine, and this fine is not less than 100. This came with regard to Article 377 of the Penal Code, and that also when it was not The currency is counterfeit, and it is forbidden to deal with it, which does not exceed the denomination of 100 pounds. Therefore, the currency must be dealt with and not be kept or sold on the black market.

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What has been added by the government

The government also added that the penalty will be increased by installments for people who engage in various activities that negatively affect the economy, and it is also part of the law that stipulates the penalty of imprisonment, which is not less than six months at least, and a fine is also paid that may be estimated at one million pounds. .

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